The reminder fees at Cashare are structured as follows and accumulate, meaning that each new reminder stage adds to the previously incurred fees:
- The first payment reminder is free of charge.
- For the 1st reminder, a fee of CHF 30 is charged in case of late payment.
- For the 2nd reminder, an additional fee of CHF 50 is added.
- For the 3rd reminder and warning of debt collection, a fee of CHF 75 is charged.
The reminder fees accumulate, meaning that by the time the third reminder is issued, a total of CHF 155 in reminder fees will have accrued (CHF 30 + CHF 50 + CHF 75).
In the event of a collection procedure, interest for late payments of 10%, processing fees, and external collection costs will also be charged.
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